Business: Gloom

BUSINESS & FINANCE

U. S. businessmen have often had the jitters in the past two years of the New Deal. Sometimes they have been critical, sometimes impatient, frequently downright fearful. Often they have been angry. Last week they were just plain gloomy.*

Gloom has been gathering for a month or moreĀ—in market place and counting house, in home and club and office. And for once it was as thick over the rest of the land as in the dark depths of Wall Street. Even Washington seemed discouraged.

What was more, the gloom...

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